According to Thomas Jordan, Swiss National Bank Chairman, said there is a lot that needs to be done before banks can avoid harming the general economy.
Regions
Predictions in for Mayweather-Alvarez fight
Boxing enthusiasts gave their predictions for the much-anticipated fight between Floyd Mayweather and Saul Alvarez.
Social Security overpays USD 1.3 billion in disability aid- GAO
A report from the Government Accountability Office showed improper disability payments were made to Social Security beneficiaries amounting to USD 1.3 billion.
Apple's focus on iPhone camera winner in smartphone photographers - column
As more people use smartphones as their go-to cameras, Apple Inc's iPhone 5S would reportedly delight camera phone users with its improved specifications.
Twitter's value still a concern at IPO
The use of the JOBS Act for the Twitter IPO a concern for investors. The main question would be, how much is Twitter really worth? The microblogging site has over 200 million active users and has been instrumental in the Arab Spring protests two years ago.
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India would be inaugurating is its insurance repositories on September 16. India's Insurance Regulatory and Development Authority's insurance repositories would be inaugurated on September 16.
Thanks largely to Twitter Inc's IPO filing, publicly traded fund GSV Capital would be looking to receive bigger gains.
The Bank Recovery and Resolution Directive for all EU members to recognize the Single Resolution Mechanism would be created after the German elections.
A report from a Chinese newspaper revealed that Samsung would be investing USD 500 million for a plant in China.
JPMorgan Chase Co., Bank of America Corp. and Goldman Sachs Group Inc. would not be able to get out from their financial commitments to a buyout of retailer Rue 21 by private equity firm Apax Partners.
Sources told Reuters that Grohe got final offers for Geberit, Lixil and Duratex. Sources told Reuters that bathroom equipment manufacturer Grohe received bids from three of its peers.
According to sources who told Reuters, interest in buying BlackBerry Ltd was lukewarm that the company would have to break its business up to exit.
UK Prime Minister David Cameron said in an interview with a newspaper last September 6 that the country would be considering severing its ties with the European Union if stricter reforms were imposed on "welfare tourism".
A Reuters report said that investors had started to take out their capital from emerging markets as Fed tapering loomed.
